Business
Grid Metals Intersects 13.75 metres of 1.53% Li2O and 8.0 metres of 1.47% in First Two Holes at the Donner Lake Lithium Property Manitoba Canada
TORONTO, ON / ACCESSWIRE / April 5, 2022 / Grid Metals Corp. (the " Company ") (TSXV:GRDM)(O...
About this update from Grid Metals Corp.
[{"type":"text","content":"Grid Metals Intersects 13.75 metres of 1.53% Li2O and 8.0 metres of 1.47% in First Two Holes at the Donner Lake Lithium Property Manitoba CanadaTORONTO, ON / ACCESSWIRE / April 5, 2022 / Grid Metals Corp. (the \"Company\") (TSXV:GRDM)(OTCQB:MSMGF) is pleased to report initial results from its 2022 lithium exploration program at its Donner Lake lithium property in southeastern Manitoba. The Company completed 11 drill holes targeting the Northwest Dyke - one of several known lithium-cesium-tantalum (LCT) -type pegmatite dykes on the property. All holes at the Northwest Dyke intersected spodumene-bearing pegmatites over a strike length of 600m. Two drill holes were completed on the West Dykes and numerous smaller pegmatites were intercepted. The new drilling at the Northwest Dyke was the first since 1955. The company is awaiting results on the other holes. The project is located in southeastern Manitoba in the Winnipeg River pegmatite field, which hosts the world-class Tanco Pegmatite.Overview of Initial DrillholesAt the Northwest dyke, a LCT-type pegmatite, the first hole of the program (GDL22-01) intersected 13.75 metres averaging 1.53% Li2O including a maximum grade of 2.06% Li2O starting at a downhole depth of 86 metres.GLD22-02 was drilled on the same setup at a shallower dip and intersected a 9.4 metre pegmatite with 1.47% Li2O over 8.0 metres and a maximum grade of 2.28% Li2O starting at a downhole depth of 57.0 metres.The pegmatite intersected in both holes contains visible spodumene quartz intergrowths (SQUI) and discrete spodumene crystals (see photographs, below).Both intersections also have elevated tantalum (Ta), cesium and rubidium.The estimated true width of the Northwest Dyke from the initial two drill holes reported is 7 to 8 metres.In total, 11 holes were completed on the Northwest Dyke and established a minimum strike length of 600 metres and a minimum vertical depth of ~200 metres.The Northwest Dyke remains open along strike in both directions and at depth.Above: Cross section showing Li2O (%) grades for the Northwest Dyke intersections in drill holes GDL22-01 and GDL22-02, Donner Lake Lithium property.Above: 2022 drill hole locations for the Northwest Dyke at the Donner Lake Lithium Property showing the current surface projection of the main pegmatite body (thick pink line) and the Li2O grades obtained for hole...